XpresSpa Group Inc (XSPA)

[Snooze]

Payments space is just heating up

Check out the valuation on Stripe financing: $9.2B!!

https://techcrunch.com/2016/11/25/payments-provider-stripe-has-raised-another-150-at-a-9b-valuation/

Infomedia is taking a different approach than Stripe... Infomedia is focused on in-carrier billing...whereas Stripe seems to be a real payments disruptor but IMHO if Stripe is getting $9.2B valuation, then Infomedia -- with high growth rate and early overseas adoption/market lead -- could easily be worth >$500m to a potential acquirer I think ...

FH owns 8% of Infomedia..
8% of $500m is $40m...
$40m is about the same as FH total market cap today!!

And FH has $23m cash with no debt + IP portfolio + Group Mobile + FliCharge ... and then Xpresspa